Galvanize portfolio company Fervo completes IPO

  • Galvanize Climate Solutions flagged portfolio company Fervo’s IPO as a milestone for next-generation geothermal in the US power market.
  • Firm clean power demand is rising as AI, data centers, electrification, and industrial growth push electricity load higher, raising the value of always-available generation.
  • Fervo is positioned as a leader in enhanced geothermal, using modern drilling and data-driven development to scale projects beyond traditional geothermal geographies.
  • The update pointed to expanded deployment as the key near-term focus, with more geothermal capacity expected to be added to the grid.


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